Member Info for goldminer21

Yes it does. He’ll resign soon, is my bet, then he’ll be off to share the loot with Schaer.

AIP, yes, of course it was published last August - but my point is that with DC being a 50% shareholder of the Moz entity holding the lecenses, then it makes you wonder if he will play ball in negotiations or not?

yes, elephant in the room is....

https://zitamar.com/mozambique-general-threatened-dismissal-pathfinder-mocambique/

Self enrichment at others expense, for Dummies - aka, how to lie your ass off and steal as much money as possible from investors.

They are all running for cover as fast as they can - a culture of greed, theft, lying and fraud is the only thing they've created. The bastards.

petham, do you have the link to the estate agent listing for the property?

is it 90 or 92 Woodleigh Park Road, Singapore?

Interesting- the estate agent would have Schaers contact details then.

Those suing Schaer's companies don't often see him in court...

https://mcpmag.com/articles/2003/03/18/outraged-exemployees-of-training-company-allege-theft-fraud.aspx

The last RNS is much the same as the February 2018 RNS under Trew, 'aint it?

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=PFP&ArticleCode=wrhh983p&ArticleHeadline=Company_Update

Cunning
Unimpressive
Not to be trusted
Trickster

and on the run.

no

I've been here for 8 years now, and on every P&D there's always been a raft of new names from the herd, with very little understanding of reality with this share. I remain hopefuly, but realistic - I have a modest, but much reduced and de-risked holding, and have seen this all before over 8 years, many, many times.

Only if - IF - the license is back, then its back, in some kind of deal - but not before! Africa is Africa and GV does not need this deal, really, he doesn't... IMO.

and reality bites. I hope a deal is done in the future, but some way off IMO.

I'm in Richie - but just being realistic here based on what the RNS says.

I'm not giving investment advice here, Coldspy, I'm just saying that the core of the RNS is the general agreeing to a deal in principle. What if he changes his mind, or it drags on and on, or DC falls out with GV, as was in the Moz media last Augsut. Anything could happen here. Its like the movie Jaws, where Richard Dreyfuss tells Police cheif Brody: "the fact is the bite radius of this shark doesn't match the wounds on the victim." fact are facts. No deal has been announced here, just the prospect of a deal, same as before.... the RNS says it here...

the Board is pleased to relay that the principle of a Proposed Transaction has been agreed between Pathfinder and General Jacinto Veloso

Totally agree Zoom. Trew also reached that point, based on "a willingness" from GV to do a deal, but no deal was forthcoming in that case.

I'm not saying that a deal will not be done here, but the RNS yesterday is basically saying that there is the prospect of a deal. So you're are 100% right, fundamentally there is no change, except for more dilution, that is.

With Moz being one of the most corrupt countries in Africa, you can bet that GV became fantastically wealthy many years ago, and hasn't needed the money from this deal over the past 8 years.

yes, indeed - and from Align today....

"News out today per HERE regarding the current stage of negotiations with General Veloso".

......emphasis on "current stage of negotiations".............. ie they are still ongoing - license has not been returned. Reality will filter back in during the coming weeks, with sp to drop back again, IMO.

Actually - to be precise about the RNS - the principle of a deal in not a contracted deal - its GV nodding his head in agreement over a G&T at Maputo country club. Anything could happen here - its Africa!

yes, indeed, and what if nut-case GV changes his mind, in principle? - then no deal.